Executive Summary
The report titled “China
Tobacco Market Outlook to 2018 – Driven by Rising Consumption of Cigars”
provides a comprehensive analysis of the various aspects such as the market
size of the China tobacco market and the segments such as cigar, smokeless
tobacco, cigarettes along with the future outlook of the industry. The report
also covers the market shares of major players in each business segment in
China.
The rising prices of cigarettes
due to increasing taxes imposed on tobacco products by government authorities
has led to an incline in the country’s tobacco market revenue during the last
few years. However, increasing number of restrictions on tobacco use due to
rising number of deaths and illness has contributed to the decelerating growth
of the cigarettes volume sales in the recent years.
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Full Report with TOC @ http://www.radiantinsights.com/research/china-tobacco-market-research-report
Tobacco is the one of the major
causes of premature deaths and various harmful diseases. Consumption of tobacco
products across China region has posed major challenges to the healthcare
industry which has augmenting the industrial as well government healthcare
costs. Government authorities as well as various NGOs have been stepping afoot
in order to curb the growing number of deaths from smoking and other tobacco
products consumption.
The revenue of tobacco market
in China has showcased a CAGR of ~% over the period 2007-2013. The growing
urbanization in China along with their growing disposable income has encouraged
them to adapt modern lifestyle over the last few years. China has been
witnessing staggering growth of the smoking population with people increasingly
adapting to urban lifestyle which encourage them to spend on leisure time
activities such as clubbing, night parties, drinking and smoking.
The increasing demand of
tobacco products has also been driven by growing influence of celebrities in
movies which showcase smoking and drinking scenes. It significantly impacts the
youth population which in turn has augmented the prevalence of smoking in the
last few years.
The CNTC manufactures more than
~ brands of cigarettes, from low quality cigarettes targeted at rural farming
regions up to premium and luxury cigarettes aimed at high net worth people and
consumers who prefer to buy prestige and luxury products.
Leading companies such as BAT
and PMI are dependent upon the CNTC to sell their brands in China. In the
future, leading brands in China are expected to target adjacent countries in
order to cater to the international demand of tobacco products. Currently, the
Cigarettes brands of China are unknown outside the country but the growing
presence of international brands in the country will influence the domestic
brands to explore international market in the upcoming years.
In the upcoming years, the
tobacco market in China is expected grow at a CAGR of ~% and will reach USD 434
billion by 2018. The cigarettes market which is the largest segment of China
tobacco market is expected to grow at a CAGR of ~% from 2014-2018 and will
generate annual revenue of USD ~ million by 2018. In terms of production, the
China cigarettes market is expected to reach ~million sticks by 2018, and will
grow at a CAGR of ~% from 2014-2018.
Key Topics Covered in the
Report
- The market size of China Tobacco market, market size China
cigarettes market, market size of China cigar market.
- Market segmentation of China tobacco market by Product
categories, international and national players, By price range, By types of
manufacturers, By different regions in China.
- Trends and Developments in China Tobacco market.
- Competitive landscape and detailed company profiles of
the major players of Tobacco market in China, India, Russia, Brazil and South
Africa.
- Market shares of major players of Tobacco market in
China, market share of major brands in the China tobacco market.
- Future outlook and projections of tobacco market in
China.
- SWOT Analysis and Cause and Effect Relationship of
China Tobacco Market.
- Macroeconomic Variables and their future projections in
China Tobacco Market.
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